Brief: Colas FY Net Profit Attributable To The Group Up At 94 Million Euros

COLAS SA

18/02/2021 06:51

Feb 18 (Reuters) - Colas SA  COLP.PA 
    * FY REVENUE: €12.3 B (-9% AT CONSTANT SCOPE AND EXCHANGE
RATES
COMPARED TO 2019)
    * FY CURRENT OPERATING PROFIT: €254 M, I.E., A CURRENT
OPERATING
MARGIN EQUAL TO 2.1% OF REVENUE (-1.1 POINTS COMPARED TO 2019)
    * FY NET PROFIT ATTRIBUTABLE TO THE GROUP: €94 M (-€167 M
COMPARED
TO 2019)
    * FY FREE CASH FLOW: €358 M, DOWN ONLY €13 M COMPARED TO
2019
    * ORDER BACKLOG AT END-DECEMBER 2020: €9.2 B, UP 1% AT
CONSTANT
SCOPE AND EXCHANGE RATES COMPARED TO END-DECEMBER 2019
    * FY NET SURPLUS: -€7 M (+€360 M COMPARED TO 2019)
    * TO PROPOSE DIVIDEND PER SHARE OF €2.90 COMPARED TO €6.40
LAST
YEAR
    * COLAS' OPERATING UNITS ARE EXPECTING TO SEE A RECOVERY IN
2021.
    * THE SECOND HALF OF THE YEAR SHOULD BE WITNESS TO THE FIRST
IMPACT OF THE STIMULUS PLANS ANNOUNCED IN 2020
    * IN 2021, THE CURRENT OPERATING MARGIN SHOULD ALSO INCREASE
FROM
2020, AND APPROACH THE LEVEL REPORTED IN 2019

Source text : https://bit.ly/3jY7Atu
Further company coverage:  COLP.PA 

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